Vanguard Australia announces new Managing Director

Frank Kolimago
FRANK KOLIMAGO
Vanguard Investments Australia Ltd - Managing Director
APPOINTMENT
Vanguard Investments Australia Ltd
VANGUARD INVESTMENTS AUSTRALIA LTD
Date: August 2018
Position: Managing Director

Vanguard Australia has announced that Frank Kolimago is to become the firm's managing director, effective August 2018.

Kolimago, who will transfer from Vanguard's Philadelphia headquarters to take up the role, joined the firm in 1996 and has served in a variety of roles, including assisting in establishing and managing Vanguard's Tokyo office. He commenced his current role, as principal and head of Vanguard personal advisor services, in April 2015.

Kolimago will succeed Colin Kelton who has led the Australian business since 2015 and is, in turn, taking up a new role as Vanguard's global head of marketing, based in Philadelphia.

Commenting on his appointment, Kolimago said: "The Australian business was the first established by Vanguard outside the US more than 20 years ago. Given the growth in the business over that time it is an exciting opportunity to be joining the business and building on the work that Colin and his predecessors have done serving Australian clients across the institutional, adviser and individual investor markets."